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Crude palm oil futures for April declined by Rs 2.30, or 0.58% to Rs 462.70 per 10 kg in 348 lots.
At the Multi Commodity Exchange (MCX), the March contract shed Rs 1.40, or 0.30% to Rs 458.30 per 10 kg in 127 lots.
Prices fell as speculators trimmed their positions amid subdued domestic demand.
Weak global trend triggered by concern that demand for the most-consumed edible oil will weaken as Europe's debt crisis drags on.
On the Malaysia Derivatives Exchange (MDEX), palm oil for June lost 1.5% to $777 a tonne, the lowest level since March 19.
